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ADD- WORTH ACCOUNTANCY LTD
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Matrix Accountancy Services
"Offering a friendly and professional service, I provide ongoing advice and support for every stage of your business journey. As an AAT Licensed Acc...See More

Matrix Accountancy Services Limited
Will Farmer FMAAT, AAT Licensed Accountant and Director of Matrix Accountancy Services Limited Hi I'm Will, In 2012 I...

DOLAN ACCOUNTANCY LIMITED
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Modus Accountants Limited
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TAA CONSULTANTS LTD
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Pharmatax
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John Lavender accounting ltd
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SJD ACCOUNTANCY LIMITED
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The Bean Counters Accountants LLP
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Capital Accountancy - Accountants & Tax Advisors
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Accounting4Actors
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BARNES MAYER LIMITED
Barnes Mayer Ltd is an independent, family run business providing accounting and taxation services throughout Maidenhead, Berkshire and Buckinghamshir...See More

Ashden Accountants
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Turner Barratt
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Msi Accountancy Services
At MSI - Accountants & Bookkeepers - We have a strong network of Accountants, Bookkeepers & Tax Advisors who are very friendly and down to earth and a...See More
Frequently asked questions
What qualifications should I look for in an accountant for my charity in Brackley?
Look for professionals who are members of recognised bodies such as ACCA, ICAEW, or AAT. These qualifications ensure the accountant has undergone rigorous training and adheres to ethical standards. Additionally, check whether they have experience with charitable accounting, including SORP compliance and independent examinations, as this is essential for meeting regulatory requirements.
How can a charity accountant help with HMRC reporting?
A charity accountant can assist with various HMRC obligations, including filing Corporation Tax returns if your charity has trading income, managing VAT schemes, and ensuring Gift Aid claims are accurate. They can also help with payroll and submit Self Assessment returns for trustees or employees where necessary, reducing the risk of penalties.
What is the role of an independent examiner for a charity?
An independent examiner reviews a charity's financial statements to provide an opinion on whether they are accurate and comply with the Charities Act. This role is suitable for smaller charities that do not require a full audit. The examiner must be independent and have the necessary skills and experience, often holding a recognised accountancy qualification.
Are there specific accounting rules for charities in Brackley?
Yes, charities must follow the Charities SORP (Statement of Recommended Practice) when preparing their accounts. This ensures consistency and transparency in financial reporting. Additionally, charities may have specific VAT rules, such as partial exemption, and must comply with the Charities Act requirements regarding fund accounting and restricted income.
Can an accountant help my charity with Gift Aid and tax reliefs?
Absolutely. An accountant can ensure that Gift Aid claims are correctly calculated and submitted, maximising the value of donations. They can also advise on other tax reliefs, such as business rates relief for charity shops or relief on charitable donations. This helps your charity retain more funds for its core activities.
How often should I meet with my charity accountant?
It is advisable to meet at least quarterly to review financial performance, cash flow, and any upcoming compliance deadlines. More frequent meetings may be beneficial if your charity has complex transactions or is going through significant changes. Regular communication helps identify issues early and ensures that your accountant can provide proactive advice.
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